Bush Fire Emergency – Financial Help

To help those that may be affected by the bush fire crisis, we are sharing the below resources for financial support. Please share this with anyone you know that may have been affected or have family/friends that may have been affected.

Disaster Recovery Payment

Dep of Human Services

$1,000 per eligible adult $400 per eligible child

Serious injury, Family member of fatal incident, home is destroyed or uninhabitable

– Grants of up to $2,000 for temporary accommodation, food and clothing

– Possible deferral of home loan repayments for up to 3 months

– Emergency funds and temporary accommodation for insurance customers

– Possible deferral of credit card repayments for up to 90 days – Personal loans at discounted rates and no establishment fees for replacement goods (subject to loan approval) – Waiver of interest rate adjustments for customers withdrawing term deposits – Customers experiencing severe hardship may be offered a halt on interest accrual on credit products for up to 3 months

– $2,000 grant for customers who’s home is no longer in a liveable condition – Credit card and personal loan relief where appropriate – Suspension of home and personal loan repayments – Waiving costs and charges for early withdrawal of term deposits – waiving home loan and personal loan application fees – Support to restructure other existing banking facilities *Check with the institution

– Waiving of certain fees for customers requiring urgent access to their funds – Temporarily postponing home loan payments – Early access to your super if the ATO have assessed you as being eligible on compassionate grounds – Faster access to pension fund payments – A one-off 3 month waiver of Life, Total and Permanent Disability, Trauma, Income Protection and Business Insurance Premiums

Free financial help is available through the National Debt Helpline on 1800 007 007

Insolvency-specific help

Alongside these organisations we are offering free services to our affected clients. We are also offering free consultations in order to provide information, direction to appropriate professionals and direction to financial councillors, to all affected. These options may include; hardship applications, negotiations, part nine debt agreements, informal debt agreements, personal insolvency agreements and bankruptcy.